A number of rare Winnie the Pooh sketches by British illustrator E.H. Shepard are on display and going up for auction at Sotheby’s in London. The sketches were featured in A.A. Milne’s famed series of children’s books chronicling the adventures of Winnie the Pooh and have not been seen in more than half a century.
Investors betting on buying in bulk have been rewarded this year. Shares of wholesale retailer Costco have jumped more than 7 percent this year, outperforming retail stocks and the broader market in that time; the S&P retail ETF (XRT) has risen more than 4 percent in 2018. Some strategists say the stock can continue to
Discount store operator Dollar Tree on Thursday reported first-quarter same-store sales that missed analysts’ estimates as performance at its namesake and Family Dollar banner lagged due to colder-than-normal spring weather. Sales at established stores open for more than a year rose 1.4 percent, lower than the average analysts’ estimate of 2.19 percent, according to Thomson
Dollar General missed Wall Street forecasts for same-store sales on Thursday as the discount store chain faced weaker demand for apparel and home products because of cold weather. The news drove the company’s shares down 6.4 percent to $90.35 in premarket trading. Customer traffic at established stores was hit by unseasonably cold and damp weather,
Sears Holdings on Thursday announced another round of store closures as it reported worse-than-expected fiscal first-quarter earnings, where same-store sales tumbled nearly 12 percent. Sears shares fell more than 9 percent in premarket trading on the news. The stock has dropped more than 50 percent from a year ago to trade around $3.20. Looking for
Box investors came into Wednesday’s quarterly report with high expectations after the stock’s 32 percent rally this year. Even though the company’s fiscal first-quarter results topped estimates, the shares dropped as much as 10 percent Thursday morning. Here are the key numbers from the report: Earnings: Excluding certain items, loss of 7 cents per share